FERNLEA, ASHLEY LANE, NEW MILTON, BH25 5AH - £237,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

FERNLEA is a large extended detached house of 129m², built sometime before 1900. It was last sold for £237,500 in March 2006, which was around 23% below the average March 2006 detached price in the New Forest local authority area. The most recent EPC inspection was April 2024, where the current energy rating was D, and the potential energy rating was C.

FERNLEA Sold Prices

Land registry data shows three sales for FERNLEA since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the New Forest local authority area for the corresponding sale date. All of the three FERNLEA sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2006 3 MAR	£237,500	£307,541	23% below HPI
2003 4 JUN	£245,000	£271,653	10% below HPI
1996 6 DEC	£84,950	£108,793	22% below HPI

FERNLEA Price Paid vs. HPI Average

The below graph shows the average detached house price in the New Forest local authority area over time, sourced from the HPI. The three FERNLEA sales between December 1996 and March 2006 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the June 2003 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the March 2006 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is FERNLEA?

FERNLEA is 129m², which includes four extensions, according to the EPC inspection conducted in April 2024. This puts it in the largest 30% of detached houses in Ashley, based on EPC data. The below chart shows the distribution of detached houses by size in Ashley, and where FERNLEA lies on this distribution: 75% of detached houses are smaller than FERNLEA, and 25% of houses are larger. Note that EPC data is not available for all properties in Ashley.

FERNLEA: Plot and Title Map

FERNLEA sits on a plot of roughly 0.072 of an acre, or 291m². The below map shows the location of FERNLEA, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of FERNLEA). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is FERNLEA?

FERNLEA is located on ASHLEY LANE in NEW MILTON, in the BH25 postcode district. The below map shows the position of FERNLEA on ASHLEY LANE.